Movado Group, Inc. Announces Second Quarter Results [Yahoo! Finance]
Movado Group Inc. (MOV)
Last movado group inc. earnings: 3/26 06:45 am
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Source: Yahoo! Finance
~ Board Declares Quarterly Dividend of $0.35 Per Share ~ PARAMUS, N.J., September 05, 2024 BUSINESS WIRE )--Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2024. Efraim Grinberg, Chairman and Chief Executive Officer, stated, "While increased marketing investment coupled with our initiatives to enhance retail performance drove improvement in our sales trend from the first quarter, second quarter sales and earnings were below our expectations due to the challenging consumer spending environment compounded by increased expenses to support future growth. Despite this, the quarter exhibited some bright spots that we expect to capitalize on during the second half of the year. The quarter saw our Movado brand sales increase by 1.4% with significant growth in the direct-to-consumer channel with Movado.com sales increasing by 21%, partially offset by a 5.5% decline in our wholesale channel. This reflected a strong response
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News
- Movado (MOV) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]Yahoo! Finance
- Earnings To Watch: Movado Group Inc (MOV) Reports Q3 2025 Result [Yahoo! Finance]Yahoo! Finance
- Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year 2025 ResultsBusiness Wire
- Movado Group (NYSE:MOV) Is Finding It Tricky To Allocate Its Capital [Yahoo! Finance]Yahoo! Finance
- Movado Group Publishes 2024 Corporate Responsibility ReportBusiness Wire
MOV
Sec Filings
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- MOV's page on the SEC website